Use the following information to answer question below April 11:Sold goods for cash N50,000 April 20: Bought goods for cash N30,000 April 26: Bought postage stamp N5,000 April 28: Cash sales N49,000 April 29: Cash purchases N11,000 April 30: Paid salaries N18,000 Total cash receipts for the period is

Use the following information to answer question below

April 11:Sold goods for cash N50,000

April 20: Bought goods for cash N30,000

April 26: Bought postage stamp N5,000

April 28: Cash sales N49,000

April 29: Cash purchases N11,000

April 30: Paid salaries N18,000

Total cash receipts for the period is

The correct answer is A. N99,000

cash receipts = 50,000 + 49,000 = 99,000